Student Loan Bill of Rights

The Student Loan Bill of Rights is legislation aimed at protecting student loan borrowers by ensuring transparent, fair, and consistent practices from lenders and servicers. It establishes rules to improve loan counseling, prevent unfair practices, and make repayment options clearer. The goal is to empower borrowers with better information, reduce errors, and address complaints more effectively, ultimately making managing student debt more equitable and manageable for students and graduates.